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Senate condemns FG proposed 200 million Dollars loan to buy mosquito nets

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Senate condemns FG proposed 200 million Dollars loan

The Nigerian Senate on Tuesday strongly condemned a proposal in search of to borrow $200 million below the malaria programme to purchase mosquito nets within the 2022 finances.

A member of Senate Committee on Well being, Senator Gershom Bassey made the condemnation through the 2022 finances defence of the Federal Ministry of Well being.

Bassey firmly instructed the Everlasting Secretary, Mahmuda Mamman that the proposal with respect to buy of mosquito nets was a giant situation, expressing considerations that borrowing $200 million was outrageous.

The Senate Well being Committee’s condemnation was in response to the Everlasting Secretary’s earlier submission of the intention to borrow the quantity for buy of mosquito nets.

Senate condemns FG proposed 200 million Dollars loan

Senate condemns FG proposed 200 million {Dollars} mortgage

The panel additional demanded for the full wants of the company to determine if there was want for borrowing.

In his additional clarification, the Govt Director, Nationwide Main Well being Care Growth Company, NPHCDA, Dr. Faisal Shuaib famous that the $200 million was for importation and native manufacturing of mosquito nets.

Chairman, Senate Committee on Well being, Senator Ibrahim Oloriegbe, in his response raised considerations that the thought of borrowing cash from World Financial institution is “cash and job for the boys”.

Senate condemns FG proposed 200 million {Dollars} mortgage

Senate condemns FG proposed 200 million {Dollars} mortgage

Senate condemns FG proposed 200 million {Dollars} mortgage